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Gujarat Craft Industries Ltd (526965)

📊 BSE: 526965 🏢 Packaging 📢 Latest filing: 24 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Gujarat Craft's revenue was ₹43.9 Cr (-7.7% year on year, +3.5% on the previous quarter), and net profit ₹0.1 Cr (-86.4% year on year); the operating margin was 6.0%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹43.9	-7.7%	+3.5%
Operating profit	₹2.6	-20.9%	-6.3%
Net profit	₹0.1	-86.4%	from loss
EPS (₹)	0.12	-86.0%	from loss
Operating margin	6.0%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Gujarat Craft Files 42nd AGM Notice; Recommends Final Dividend of Re 0.50 Per Share

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Aug 2026, 12:05 PM

Gujarat Craft Industries Limited has submitted the notice for its 42nd Annual General Meeting (AGM) scheduled for September 23, 2026, alongside its FY25-26 Annual Report. The Board has recommended a final dividend of Re 0.50 per equity share for FY26. The company also disclosed an exceptional incremental liability of Rs 52.24 lakhs in FY26 regarding the implementation of the New Labour Codes. Key AGM agenda items include the reappointment of Managing Director Rishab Chhajer and the appointment of secretarial auditors for a five-year term.

42nd AGM convened for Wednesday, September 23, 2026, at 1:00 p.m. IST via Video Conferencing
Recommended final dividend of Re. 0.50 per equity share for the financial year ended March 31, 2026
Recognized an exceptional item of Rs 52.24 lakhs towards incremental liability under the New Labour Codes
Proposed appointment of M/s Kashyap R. Mehta & Partners as Secretarial Auditors for a 5-year term (FY27–FY31)

💡 Track the shareholder voting outcomes post-AGM on September 23, 2026, along with the record date announcement for the dividend payment.

Gujarat Craft Industries Issues 42nd AGM Notice; Recommends Re 0.50 Final Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Aug 2026, 12:02 PM

Gujarat Craft Industries Limited has submitted its Annual Report for FY2025-26 along with the Notice for its 42nd Annual General Meeting scheduled for September 23, 2026. The Board has recommended a final dividend of Re. 0.50 per equity share for the financial year ended March 31, 2026. Disclosures within the report show a net profit ratio of 0.53% (down from 1.32% in the previous year) and an exceptional item of Rs. 52.24 lakhs towards incremental liabilities under the New Labour Codes. Additionally, Mr. Mudesharsha Fakir was appointed as Chief Financial Officer effective July 29, 2026, following Ms. Jhanvi Jansari's tenure.

42nd Annual General Meeting scheduled for Wednesday, September 23, 2026, via Video Conferencing
Final dividend of Re. 0.50 per equity share recommended for FY2025-26
Recognized exceptional liability of Rs. 52.24 lakhs towards New Labour Codes actuarial valuation
Net profit margin contracted to 0.53% vs 1.32% in the prior year
Mr. Mudesharsha Fakir appointed as CFO effective July 29, 2026

💡 Track voting outcomes and resolutions at the AGM on September 23, 2026, alongside upcoming Q2 FY27 earnings for operational recovery.

Gujarat Craft Industries Issues 42nd AGM Notice; Recommends ₹0.50/Share Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Aug 2026, 11:58 AM

Gujarat Craft Industries has submitted its 42nd Annual Report for FY25-26 along with the Notice of the Annual General Meeting (AGM) scheduled for September 23, 2026. The Board has recommended a final dividend of ₹0.50 per equity share (face value ₹10), subject to shareholder approval at the AGM. The record date for determining dividend eligibility has been fixed as September 16, 2026. Other business items include the reappointment of Mr. Rishab Chhajer and the appointment of secretarial auditors for a 5-year term.

42nd AGM scheduled to be held via VC/OAVM on September 23, 2026
Recommended final dividend of ₹0.50 per equity share of ₹10 face value
Record date for dividend entitlement set as September 16, 2026
Appointment of M/s. Kashyap R. Mehta & Partners as Secretarial Auditors for 5 years (FY27 to FY31)

💡 Track the AGM proceedings on September 23, 2026, and note the dividend record date of September 16, 2026 for payout eligibility.

Gujarat Craft Q1 Results: Marginal Profit of ₹5.70 Lakhs on Revenue of ₹43.89 Cr

🟡 NEUTRAL ⭐ 5/10

EARNINGS 📅 12 Aug 2026, 05:43 PM

Gujarat Craft Industries reported a marginal net profit of ₹5.70 Lakhs for Q1 FY27, a recovery from the ₹3.67 Lakhs loss in the preceding quarter. Revenue from operations stood at ₹43.89 Cr, showing a slight 3.5% QoQ growth but a 7.7% decline compared to the ₹47.54 Cr reported in the same quarter last year. Operating margins remain extremely thin, with total expenses of ₹44.41 Cr consuming nearly 99.8% of total income. The company's high debt levels (₹72 Cr) continue to weigh on performance, with finance costs of ₹1.56 Cr significantly impacting the bottom line.

Revenue from operations reached ₹4,388.53 Lakhs, down 7.7% from ₹4,754.27 Lakhs in the year-ago quarter.
Net Profit for the period was ₹5.70 Lakhs, recovering from a loss of ₹3.67 Lakhs in the March 2026 quarter.
Finance costs remained high at ₹155.89 Lakhs, which is over 20 times the reported Profit Before Tax of ₹7.65 Lakhs.
Total expenses stood at ₹4,441.32 Lakhs, leaving a very narrow operating cushion.
Earnings Per Share (EPS) for the quarter was ₹0.12, compared to ₹0.87 in the year-ago period.

💡 Investors should monitor the company's interest coverage ratio and operating margins, as the current profit levels are insufficient to comfortably service the ₹72 Cr debt. Watch for any signs of volume growth or raw material cost cooling in the plastic packaging segment.

Q1 PAT Drops 86% YoY to ₹0.06 Cr; Revenue Declines 7.7% to ₹43.89 Cr

🔴 NEGATIVE ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 05:37 PM

Gujarat Craft Industries reported a weak set of numbers for Q1 FY27, with Net Profit plummeting 86.4% YoY to ₹0.06 Cr from ₹0.42 Cr. Revenue from operations declined 7.7% YoY to ₹43.89 Cr, although it showed a marginal sequential recovery of 3.5% from the previous quarter. The company managed to turn profitable after a loss of ₹0.04 Cr in Q4 FY26, but margins remain extremely thin. High finance costs of ₹1.56 Cr continue to weigh heavily on the bottom line, especially given the company's high debt-to-equity ratio of 1.12.

Revenue from operations stood at ₹43.89 Cr, down 7.7% from ₹47.54 Cr in the same quarter last year.
Net Profit fell sharply to ₹0.06 Cr (₹5.70 Lakhs) compared to ₹0.42 Cr in Q1 FY26.
Finance costs remained high at ₹1.56 Cr, consuming nearly 3.5% of the total quarterly revenue.
The company reported a marginal EPS of ₹0.12, down from ₹0.87 in the year-ago period.
Total expenses for the quarter were ₹44.41 Cr, nearly matching the total income of ₹44.49 Cr.

💡 Investors should monitor the company's ability to improve its operating margins and manage its debt levels (₹72 Cr), which are significantly higher than its market capitalization (₹45 Cr).

August 12, 2026: Gujarat Craft Industries to Consider Q1 FY27 Financial Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 05 Aug 2026, 12:35 PM

Gujarat Craft Industries has scheduled a board meeting on August 12, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company is coming off a weak FY26 where revenue declined to ₹184 Cr from ₹203 Cr in FY25. Investors will be watching for a recovery after the company reported a marginal net loss of ₹0.04 Cr in the March 2026 quarter. With a debt-to-equity ratio of 1.12 and a small market cap of ₹45 Cr, quarterly performance is critical for assessing financial stability.

Board meeting scheduled for August 12, 2026, to approve Q1 results.
Results cover the three-month period ended June 30, 2026.
Trading window has been closed since June 23, 2026, for designated persons.
Company reported a TTM revenue of ₹184 Cr against a market cap of ₹45 Cr.
Operating profit margin (OPM) stood at 7.1% for the trailing twelve months.

💡 Monitor the results on August 12 for signs of margin recovery and revenue growth, as the company reported a net loss in the preceding quarter (March 2026).

Gujarat Craft Appoints New CFO; Sets Sept 16 as Record Date for Final Dividend

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 29 Jul 2026, 04:46 PM

Gujarat Craft Industries has appointed Mr. Mudesharsha Fakir as Chief Financial Officer (CFO) effective July 29, 2026. The company has also scheduled its 42nd Annual General Meeting (AGM) for September 23, 2026, and fixed September 16, 2026, as the record date for the final dividend for FY 2025-26. Mr. Fakir is an internal promotion, having served as the company's Accounts Manager since June 2016 with over 10 years of finance experience. Additionally, the board has proposed a new secretarial auditor for a five-year term starting FY 2026-27.

Appointment of Mr. Mudesharsha Fakir as CFO effective July 29, 2026, following 10 years of service with the company.
Record date for the final dividend for FY 2025-26 fixed as September 16, 2026.
42nd Annual General Meeting scheduled for September 23, 2026, via video conferencing.
Appointment of M/s. Kashyap R. Mehta & Partners as Secretarial Auditors for a 5-year term (FY 2026-27 to 2030-31).
Remote e-voting period set from September 20 to September 22, 2026.

💡 Investors should monitor the AGM proceedings for the formal declaration of the dividend amount and any commentary from the new CFO regarding the company's high debt-to-equity ratio of 1.12.

Gujarat Craft Industries Sets Sept 16 Record Date for Dividend; Appoints New CFO

🟡 NEUTRAL ⭐ 5/10

BOARD_MEETING 📅 29 Jul 2026, 04:40 PM

Gujarat Craft Industries has scheduled its 42nd Annual General Meeting (AGM) for September 23, 2026. The company has fixed September 16, 2026, as the record date for the final dividend for FY 2025-26, if approved. Additionally, the board has appointed Mr. Mudesharsha Fakir as the Chief Financial Officer (CFO) effective July 29, 2026. Mr. Fakir is an internal promotion, having served as the company's Accounts Manager since 2016.

42nd Annual General Meeting scheduled for September 23, 2026, via video conferencing.
September 16, 2026, fixed as the record date for determining dividend eligibility.
Mr. Mudesharsha Fakir appointed as CFO, bringing over 10 years of finance and accounting experience.
M/s. Kashyap R. Mehta & Partners appointed as Secretarial Auditors for a 5-year term (FY27-FY31).
Remote e-voting period set from September 20 to September 22, 2026.

💡 Investors should monitor the AGM for management commentary on improving the company's thin net profit margins (0.5% TTM) and managing its high debt-to-equity ratio of 1.12.

September 16 Fixed as Record Date for Final Dividend; New CFO Appointed

🟡 NEUTRAL ⭐ 5/10

DIVIDEND 📅 29 Jul 2026, 04:34 PM

Gujarat Craft Industries has scheduled its 42nd Annual General Meeting (AGM) for September 23, 2026, and fixed September 16, 2026, as the record date for the final dividend of FY 2025-26. Alongside this, the company has appointed Mr. Mudesharsha Fakir as the Chief Financial Officer (CFO) effective July 29, 2026. The company operates with thin margins, reporting a TTM PAT of only ₹1 Cr on a revenue of ₹184 Cr. Investors should note the high debt-to-equity ratio of 1.12 for this ₹46 Cr market cap company.

Record date for final dividend entitlement fixed as September 16, 2026
42nd Annual General Meeting to be held on September 23, 2026, via video conferencing
Mr. Mudesharsha Fakir appointed as CFO, bringing over 10 years of finance experience
Remote e-voting period set from September 20 to September 22, 2026
Secretarial Auditor appointed for a 5-year term from FY 2026-27 to 2030-31

💡 Investors should monitor the AGM proceedings for the announcement of the specific dividend amount and management's strategy to address the declining annual revenue (down from ₹203 Cr in FY25 to ₹184 Cr in FY26).

Gujarat Craft Appoints New CFO; Sets Sept 16 as Record Date for Final Dividend

🟡 NEUTRAL ⭐ 5/10

MANAGEMENT 📅 29 Jul 2026, 04:26 PM

Gujarat Craft Industries has appointed Mr. Mudesharsha Fakir as Chief Financial Officer (CFO) effective July 29, 2026, following his 10-year tenure within the company's accounts department. The Board has scheduled the 42nd Annual General Meeting (AGM) for September 23, 2026, and fixed September 16, 2026, as the record date for the final dividend of FY 2025-26. This comes as the company manages a tight financial position with a TTM PAT of only ₹1 Cr and a high Debt-to-Equity ratio of 1.12. Additionally, a new secretarial auditor has been appointed for a five-year term starting FY 2026-27.

Mr. Mudesharsha Fakir appointed as CFO effective July 29, 2026, bringing 10+ years of internal experience.
September 16, 2026, fixed as the Record Date for determining dividend eligibility.
42nd Annual General Meeting (AGM) to be held on September 23, 2026, via video conferencing.
M/s. Kashyap R. Mehta & Partners appointed as Secretarial Auditors for a 5-year term (FY27-FY31).
Remote e-voting period scheduled from September 20 to September 22, 2026.

💡 Investors should monitor the AGM for the announcement of the specific dividend quantum and management's strategy to address the declining annual revenue (down from ₹203 Cr in FY25 to ₹184 Cr in FY26).

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